w1891 - 11/22/2024 15:17

That makes no sense. You’re saying because they have less margin post tariffs now those countries will lower their prices to gain market share? Whereas before they had more margin but didn’t want to lower prices because profits were too good. You facing a lower bound problem and are arguing that they would be willing to accept loses post tariffs just for market share. It would be like arguing farmers should go out and rent high priced rent ground possibly at a loss during times of compressed margins all in the name of gaining size.

Across the board tariffs changes no one’s price competitiveness until it reaches the domestic price and even then the only market share competition change is with regard to the domestic front.